Business
Modi Calls for Austerity Amidst Iran War Economic Strain
PM Modi urges Indians to cut gold buying and foreign trips due to Iran war economic fallout.
PM Modi urges Indians to cut gold buying and foreign trips due to Iran war economic fallout.
India's GST collections hit a record Rs 2.43 lakh crore in April, an 8.7% rise, driven by strong domestic transactions and import growth.
India has cut windfall tax on diesel exports to Rs 23/litre and ATF to Rs 33/litre, effective May 1.
Restoring the global energy system to pre-conflict levels will take months even if the Strait of Hormuz reopens, significantly impacting energy-dependent economies like India.